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Author Question: There are 10,000 families in a neighborhood that are affected by noise pollution from a local ... (Read 74 times)

saliriagwu

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on: Apr 19, 2019

There are 10,000 families in a neighborhood that are affected by noise pollution from a local factory. The noise could be reduced if the company spent $5,000 on technological improvements. The company agrees to make these improvements if the affected families contribute the $5,000. Since there are so many families they fail to come to a resolution to which they will all agree. This outcome is an example of the


◦ free-rider problem.
◦ drop-in-the-bucket problem.
◦ Coase theorem.
◦ collective action problem (that arises when there are too many parties involved).
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by saliriagwu on Apr 19, 2019

britb2u

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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saliriagwu

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)

emsimon14

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Reply 3 on: Yesterday
Wow, this really help

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